It really depends on Chinese policy makers, they currently have their foot on properties and hence slow the demand for steel. When they ease those policies, prices will run again.
Today we will have Chinese house price index at 11:30am, then we‘ll get responses from those policy makers, which will determine market directions thereafter.
DYOR.
Frank.
Iron ore price, page-723
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$18.44 |
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Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.95 | $18.12 | $237.9M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $18.42 |
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| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 4950 | 4 |
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